Mrs. Funmi Babington-Ashaye Leave a comment and share Chuks Udo Okonta The Managing Director/ CEO of Risk Analyst Insurance Brokers Limited, Mrs. Funmi Babington-Ashaye, will on Tuesday, July 25, 2017 become the 48th President of Chartered Insurance Institute of Nigeria (CIIN). The investiture ceremony which is expected to attract dignitaries […]
Insurance
Holistic implementation of MDRI is panacea to insurance growth
Soladoye The Managing Director Riskguard-Africa Nigeria Limited, Yemi Soladoye, in this interview said without implementing the MDRI as a holistic Industry Master Plan and in a coordinated manner, the Nigeria Insurance industry cannot occupy its position of strategic importance in Nigeria economy as it obtains in South Africa, U.S.A, India […]
Lady Chukwuma unveils scorecard amid encomium
From left: Former President, Chartered Insurance Institute of Nigeria, Seyi Ifaturoti; outgoing President, Lady Isioma Chukwuma and Incoming President, Funmi Babington-Ashaye at the event. Leave a comment and share Chuks Udo Okonta There were outpour of praises on the outgoing President of the Chartered Insurance Institute of Nigeria (CIIN) Lady […]
Insurers post N1.72trn gross premium in 6 years
Efekoha Leave a comment and share Chuks Udo Okonta Insurance companies generated about N1.72 trillion gross premium in six years, Inspen can report. According to the Nigerian Insurers Association (NIA) the premium was generated between 2011 and 2016. The association noted that between 2011 and 2015 life insurers posted N447.59 […]
Insurance sector grows assets to N941.28bn
Chairman NIA, Eddie Efekoha Leave a comment and share Chuks Udo Okonta The insurance industry’s total assets stand above N941.28 billion, Inspen can report. According to the Nigerian Insurers Association (NIA), the total assets of underwriters in 2015 was N894.88 billion, while those of reinsurers stood at N46.40 billion, amounting […]
NIID: NIA generates N160.47m from data uploads in 2016
Leave a comment and share Chuks Udo Okonta The Nigerian Insurers Association (NIA) says it got N160.47 million as proceeds from data uploads on Nigerian Insurance Industry Database (NIID) in 2016. According to the association’s 2016 financial report, the balance in the account of the NIID as at the beginning […]
A.M. Best Places Credit Ratings of African Reinsurance Corporation Under Review With Negative Implications
A.M. Best has placed under review with negative implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of African Reinsurance Corporation (Africa Re) (Nigeria). These Credit Rating (rating) actions follow further analysis of the corporation’s capital structure, namely the rights of shareholders to […]
Anyaoku decries non-enforcement of insurance laws
Anyaoku Leave a comment and share Chuks Udo Okonta The former Commonwealth Secretary-General, Chief Emeka Anyaoku, has called on the government and insurance industry practitioners to enforce insurance laws for overall interest of the public. He said this at the unveiling of new identity of IBN Limited in Lagos. He […]
IBN rebrands, unveils new identity
Press Release Lagos; 13th July 2017: Insurance Brokers of Nigeria (IBN), Nigeria’s premier insurance broking firm has strategically unveiled its new brand identity. IBN, a fully integrated risk management and insurance service firm offering premium services to individuals, businesses and government agencies since 1955 unveiled its new earth and gold […]
Paper by Prosper Okpue Executive Vice Chairman-IBN at unveiling of IBN’s new identity
Introducing IBN Prosper Okpue (Executive Vice Chairman-IBN) (Protocols) • His Excellency, Chief Emeka Anyaoku GCVO, CFR, CON – Chairman of this Historic Event • The Commissioner for Insurance, Alh. Mohammed Kari • The Chairman of IBN Board, Otunba (Dr.) Adekunle Ojora OFR, Chairman of IBN Board • Distinguished Guests and […]
